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<p>[QUOTE=&quot;rte, post: 26392985, member: 78199&quot;]Rusty,</p><p>Don&#039;t buy anything yet...</p><p>Shoot me a PM.</p><p><b>I have a proven solution.</b></p><p><b><br /></b></p><p><b>Tax Free Precious Metals</b></p><p><b>Nevada’s tax laws are not straightforward, as some coins are taxed and others are not. Typically, though, a precious metal coin, round or bar that is valued purely for its precious metal content and does not contain a face value (more common with bars and rounds than coins) is exempt from tax.</b></p><p><b><br /></b></p><p><b>However, anything that is considered a collectible, including coins with a face value and coins with a premium attached to them, will be taxed. The rule states that, to qualify for tax exemption, the premium attached to the item must be less than 50% of its inherent value. So, if a coin is worth $10 when melted down but you bought it for $15, you will be taxed, but not if you bought it for $14.</b></p><p><b><br /></b></p><p><b>Therefore, the best things to buy if you’re stacking precious metals in Nevada is blank rounds and bars.</b></p><p><b><br /></b></p><p><b>Source: <a href="http://www.taxrates.com/state-rates/nevada/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.taxrates.com/state-rates/nevada/" rel="nofollow">http://www.taxrates.com/state-rates/nevada/</a></b></p><p><b></b>[/QUOTE]</p><p><br /></p>

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